ResFrac makes physics-based simulation software for the geothermal and oil & gas industries. Our customers use ResFrac to do 'what if' analysis.
Why join us?
We are seeing sustained growth in customers and revenue. Ever since launching commercially in 2018, we have had annual growth rate of >100%, even through the slow period during the depths of the pandemic.
Scientific simulation software such as ours is quite sticky. Our product has >100% net retention rate — companies consistently increase spending after buying a subscription. We stack up well (top quartile) based on common metrics for SaaS companies.
Our product is built upon unique technical expertise that is hard for others to replicate. Because our business is focused on a specialized niche, all of our staff, including client-facing and sales staff, have technical backgrounds.
We are the go-to simulator for simulation of next-generation geothermal energy systems.
Our customers range from small independent companies to the largest enterprises in the world, including several household names.
Our investor is a well-respected boutique VC firm with extensive connections in the energy industry.
We are profitable.
Engineering at ResFrac
We have five full-time staff members working on software development, and also engage an outside firm (which we are planning to wind down over time) for UI development. Internally, we continually define new products and features. We know what products and features we want to have three-to-12 months out, and work on implementing those with goals at approximately a monthly cadence. We typically employ Kanban (to do list)-style project management. We use feature and dev branches in our source control system, so the main branch is always production-ready. We employ dev-test-prod segregation of environments. Within our internal codebase, each engineer has a domain for which they are the main owner.
Our product enables users (engineers and earth scientists) to integrate lots of different datasets from the subsurface engineering business within our uniquely capable physics-based simulator. Making this accessible to a wide range of users, from power users to relatively junior people, has been a major challenge. We really want customers to have a positive experience using our software, including with small details. Because of this, we do a lot of interesting things with handling scientific data inputs, outputs, and 2D and 3D data visualization.
You would take a leading role in development of our user interface, which is a desktop app built with web technologies. This app includes an Angular front end, an Electron back end, 2D and 3D visualization, and interactions with our web API. Users define and view results for simulations locally, and the simulations run on our serverless back-end hosted on Microsoft Azure.
Over the past year we have been extending this product to employ the simulator in machine-learning-style workflows. These capabilities have clearly valuable applications, and our customers have been quick to adopt them into their day-to-day work.
Customers are constantly asking us for new features in the UI, including collaboration, data compatibility, management, reporting, and visualization tools.
We are planning to add a new customer-facing management web portal.
Working at ResFrac
We care about making our customers happy, and we care about doing good science in our core product. Whenever we make a mistake, we recognize the error and strive to get better going forward. We want our people to do work that they feel proud of.
As part of our commitment to an inclusive workplace, we are happy to offer prospective engineers the chance to connect with our engineering employees who come from underrepresented backgrounds. It’s a way to get a better sense of our team and what it might be like to work with us.
If you’re interested in connecting with our team, be sure to bring this up during one of our introductory calls!
Work from Home
We are a fully remote company. You can work from anywhere that you like.
We don't have prescribed hours for when you have to 'be at work.' The company works during North American business hours.
The company pays for 100% of the premium for employee medical, dental, and vision coverage at the
Goldlevel, and covers 75% of the premium for dependents.
Our 401(k) plan allows pre- and post-tax employee contributions, with a good selection of investment options.
We encourage staff members to attend and/or present at relevant trainings, workshops and conferences. The company will pay for related expenses.
Occasional travel within US and Canada for customer visits, company retreats, and planning meetings.
From time to time we do team building activities when the company gathers in person.
We have an annual event that all staff members are encouraged to attend. In the past we've coordinated this with a major business event, such as our annual users' meeting. The location changes from year to year. Representative locations include Denver, CO, Houston, TX, Austin, TX, and Calgary, AB.
Interested in this company?
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